The potential accession of Turkey to the EU, and the related adoption of the CAP by Turkey,is expected to influence … agricultural markets in both the EU and Turkey. The extent of theaccession impacts depends on the one hand on the way the CAP will …-membership simulation show that the impacts on agriculturalmarkets in Turkey are significant, while effects on EU markets are rather limited …

models which is followed by a comprehensive comparison. We find that the assumptions regarding the nature of their regime … techniques do not reproduce the true parameters and are not robust against nuisance parameters. The comparison is supplemented by …

risks, causing these inroads to be limited. Market-based instruments are readily available for price risk. Organised … transparency to the market and low-cost risk transfer tools for those able to access them. While the use of price risk management … instruments is an incomplete solution, it has sufficient merits on its own and will make the overall burden of risk more bearable …

the measure of risk. Increasing farm size also was found to have a positive relationship with net income variability. When …

negatively related to basis risk, to quantity risk, and to transaction costs. Farmers who have less uncertainty about prices have … incentive to hedge can be greatly reduced. And finally, farmers who have low levels of risk aversion have little to gain from … hedging in terms of risk reduction, in that the certainty equivalent payoff at their optimal hedge may be little different to …

feedstocks are also estimated and show that the 20MGYplant can tolerate greater ethanol and feedstock price risk than the 10MGY … (NPV) of the 20MGY plant is $41.54 million. By comparison, the estimated NPV of the 10MGY plant is only $8.30 million …

overprices volatility. This overpricing is consistent with ashort-term risk premium whose effect is magnified by extreme changes …

supports these assumptions. An empirical application of the arbitrage equations providesevidence that risk aversion and …

comparative analysis of the economic viability and the risk associatedto the conventional and integrated systems of coffee … period). Risk analysis was done throughthe Monte Carlo simulation. According to the values found for the pointers calculated …